Fiat May Take 35% Interest in Chrysler

[PT1]

Originally Posted By: ToyotaNSaturn
New company, new acronymn. Someone please help me finish this one...

Fix
It
Again
Tony
Cuz my
Hemi...
R
Y
S
L
E
R


Fix
It
Again
Tony
Cuz my
Hemi
Runs
Your
Slow
Little
Engine
Ragged

 

[PT1]

Originally Posted By: tom slick
Chralfa Romesler?

 

[PT1]

Originally Posted By: LTVibe

From today's news:

Fiat CEO: UAW Concessions Or No Alliance

Quote:
Fiat Group SpA CEO Sergio Marchionne is ready to walk away from a proposed alliance with beleaguered Chrysler LLC if the automaker's union workers do not agree to concessions that would put their pay on the same scale as workers at U.S. plants owned by foreign car companies.

In a story posted today on The Toronto Globe and Mail's Web site, Marchionne said not getting concessions from the UAW and CAW are a breaking point for talks.


And if Marchionne can pull this off, look for GM to seek similar concessions.




I have a client in the current discussions.....and he is on the CHRY side...he said Marchionne is not bluffing....there goes my Alfa Durango. I just don't see the UAW giving in on this one based on their past negotiations. Plus GM & Ford and all the suppliers would want the same deal and RG knows it.

Say goodbye to Chrysler.